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Dec 10, 2012
12/12
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. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men have been for vessel jo
. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of...
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Dec 20, 2012
12/12
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a big drop on wall street with growing concerns that a fiscal cliff deal before the the dow dropping 98 points yesterday. and the nasdaq & s&p also finishing in shares of general motors jumped nearly 7%, after the automaker announced it will re-purchase 200-million of its own shares from the treasury department by the end of this year. and the sell it's remaining gm shares in the next year and a half. the u.s. government will lose billions on its gm bailout. >> google is selling a part of its motorola mobility division for $2.35 billion to the arris group. the sale involves the part of motorola that makes cable-tv boxes google will retain the rest of motorola mobility that makemputers. this comes 7 months after google completed its $12.4 billion purchase of motorola in the biggest acquisition in its 14-year history. >> coming up this morning,we'll get the latest reports on jobless claims and existing homes sales. >> a big fail for the toyota camry. america's most popular car fared poorly in this new front crash test by the insurance institute for highway safety. in the test, the camr
a big drop on wall street with growing concerns that a fiscal cliff deal before the the dow dropping 98 points yesterday. and the nasdaq & s&p also finishing in shares of general motors jumped nearly 7%, after the automaker announced it will re-purchase 200-million of its own shares from the treasury department by the end of this year. and the sell it's remaining gm shares in the next year and a half. the u.s. government will lose billions on its gm bailout. >> google is selling a...
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Dec 24, 2012
12/12
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a bleak tone from some in congress sunday on reaching a deal with the white house to avoid the fiscal cliff. president obama and congress are on christmas vacation. it will be thursday before talks resume to try and prevent automatic tax hikes and spending cuts from taking effect january first. andrew spencer has the latest. analysts say many shoppers haven't been in the holiday spirit when it comes to spending money. the four-day black friday weekend that started on thanksgiving was strong. sales rose 2-point-7 percent. but analysts says sales fell 4-point-3 percent for the week ending december 15th. and last week they forecasted holiday spending to decrease another 2-point- 5 percent. previous expectations were for a 3-point-3 percent increase in spending. the saint anthony foundation needs help to reach its goal of collecting 5-hundred hams during the 25th annual curbside donation drive. according to the foundation, they collected a hundred hams. that's just 20-percent of their goal. the foundation hoped to get another 400 hams sunday and today. if you would like to donate a ham yo
a bleak tone from some in congress sunday on reaching a deal with the white house to avoid the fiscal cliff. president obama and congress are on christmas vacation. it will be thursday before talks resume to try and prevent automatic tax hikes and spending cuts from taking effect january first. andrew spencer has the latest. analysts say many shoppers haven't been in the holiday spirit when it comes to spending money. the four-day black friday weekend that started on thanksgiving was strong....
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Dec 10, 2012
12/12
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president obama hits the road today to talk about the fiscal cliff in detroit. this comes after the president met privately with house speaker john boner to discuss the deal. the president and the speaker refuse to speak about details of yesterday's meeting. the lone wolf is conquest closed as the fiscal cliff is now just three weeks away. >> it was a nice weekend around the bay area and the conditions will continue as high pressure is still over the bay area. upper 30's and the north bay but clear conditions. we do not have any issues with visibility. temperatures out the door of 39 in santa rosa fairfield and pleasanton mid '40's. 60 in oakland in future cast four says the timing of exactly when it will start to warm-up. 3:00 p.m. all the green indicates 60s and mid to upper 60s. yellow indicates we could actually squeeze out the low 70's just north of santa rosa. future cast four predicts 8:00 p.m. tonight all the blue on your screen will have everyone in the '50s. a quick look at your afternoon highs mainly sunny skies 65 for san francisco's 63 for napa and
president obama hits the road today to talk about the fiscal cliff in detroit. this comes after the president met privately with house speaker john boner to discuss the deal. the president and the speaker refuse to speak about details of yesterday's meeting. the lone wolf is conquest closed as the fiscal cliff is now just three weeks away. >> it was a nice weekend around the bay area and the conditions will continue as high pressure is still over the bay area. upper 30's and the north bay...
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Dec 24, 2012
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. >> before we go over the fiscal cliff, negotiations. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they a
. >> before we go over the fiscal cliff, negotiations. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter...
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Dec 21, 2012
12/12
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on the fiscal cliff. also the latest in new town conn and we're just minutes away from a national moment of silence to honor the victims were shot and killed in last week's school massacre. we'll be back in two minutes as the kron4 morning news continues. >> very close to a moment of silence being held in conn and around the nation to honor the 20 young children who were killed at sandy hook elementary school in new town conn. also these six school employees who lost their lives last friday at this time. this moment of >> this moment of silence is being recognized nationwide. president obama will be observing the way, a silence and the white house. also manwe see the doors opening. this might be city hall in new town. let's listen in as this moment of silence gets under way. (silence) (bell ringing) >> that completes the moment of silence. they began tolling more bells just to mark this horrible, horrible tragedy that happened last friday. life is trying to get back to normal but it is far from. >> they a
on the fiscal cliff. also the latest in new town conn and we're just minutes away from a national moment of silence to honor the victims were shot and killed in last week's school massacre. we'll be back in two minutes as the kron4 morning news continues. >> very close to a moment of silence being held in conn and around the nation to honor the 20 young children who were killed at sandy hook elementary school in new town conn. also these six school employees who lost their lives last...
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Dec 27, 2012
12/12
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the house and senate are also returning to work out a deal for the fiscal cliff. back to the bay area we are following this story in walnut creek, a person is dead after an officer involved shooting. jackie sissel is live on the scene. >> i am on the 1400 block of creekside drive. the contra costa sheriff's department also remain out here for a shooting that happened a couple of hours ago. here's video from a earlier this morning. we're being told that the 911 called 21453 creekside drive around three this morning. officers got there and apparently shots were fired. one of the suspects were shot and killed and no injuries and cure it occurred to be walnut creek officers. we spoke of the spokesperson for the walnut creek police department and he spoke of the incident. >> we received a call this morning at 315 and there was screaming in the background. officers arrived shortly thereafter. the transmission at three not scene of shots fired. there was an officer involved shooting and all the officers are ok. there is one suspect deceased and there is no one outstandin
the house and senate are also returning to work out a deal for the fiscal cliff. back to the bay area we are following this story in walnut creek, a person is dead after an officer involved shooting. jackie sissel is live on the scene. >> i am on the 1400 block of creekside drive. the contra costa sheriff's department also remain out here for a shooting that happened a couple of hours ago. here's video from a earlier this morning. we're being told that the 911 called 21453 creekside drive...
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Dec 14, 2012
12/12
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. >> more now on the fiscal cliff. president obama says the house republicans are holding up plans to avoid the so-called fiscal cliff. the president said that he will only agree to a deal if it involves tax rates going up for the top 2% of americans. if president obama talk to reporters about why his plan will work. >> this will be good for the economy and if we do this-as the senate has already passed this. i am ready to sign it. the only holdup is the house republicans. once we get this done this will take the edge off but we know we still have to deal with some other debts. we should get this done. >> the most import and then we can do right now is make sure the middle class taxes do not go up. that's the best thing for the economy, best thing for american families and if we do that, we should get that done. >> snigneither side has stated that they do not want to show their hand. the standoff still continues and we're 17 days away from this. >> president barack obama is meeting privately to that with you in embassa
. >> more now on the fiscal cliff. president obama says the house republicans are holding up plans to avoid the so-called fiscal cliff. the president said that he will only agree to a deal if it involves tax rates going up for the top 2% of americans. if president obama talk to reporters about why his plan will work. >> this will be good for the economy and if we do this-as the senate has already passed this. i am ready to sign it. the only holdup is the house republicans. once we...
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Nov 9, 2012
11/12
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obama--will call lawmakers from both parties to work together to avoid the fiscal cliff. the present a deal to years ago with congress to s in the bush era tax cuts. part of that deal is if congress did not act deep cuts would kick in for the federal government. with the tax cuts expiring tax hikes would incur. that is what is spoken wall street. we will have more on wall street. @ñ welcome back. watching wall street. the dow dropped 21. just a day after more than 300 points on wednesday. the dow future to about 40 now. investors are worried about the upcoming fiscal cliff as we mentioned we will hear from the president this morning. as in the same if there's a 50 percent chance that the u.s. will go over the fifth cliff which will be a series of sharp spending tax cuts and tax hikes. >> watching apple apple shares continued to slide. their stock has a $167 since hitting a high of 7 05 less than two months ago. apple shares 5775. a 24% drop almost. kyak went public. they are up 25%. up $8 before the bell. the futures are down 40 points. >> thank you mark. new fees four s
obama--will call lawmakers from both parties to work together to avoid the fiscal cliff. the present a deal to years ago with congress to s in the bush era tax cuts. part of that deal is if congress did not act deep cuts would kick in for the federal government. with the tax cuts expiring tax hikes would incur. that is what is spoken wall street. we will have more on wall street. @ñ welcome back. watching wall street. the dow dropped 21. just a day after more than 300 points on wednesday. the...
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Dec 21, 2012
12/12
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for the fiscal cliff. the opening bell at 630. >> that sparked outcries from users concerted meant there photos appear in advertisements. >> the popular mobile shares service said it has reverted to language in the advertising section of its terms of service that appeared when was lost in october 2010. >> instagfram is now owned by facebook and maintains that it would like to experiment with different forms of advertising to make money. >> it's a block post says that it will ask you this mission to introduce possible at products only after they have fully developed. >> 5:12 a.m. is the time right now. we will be back with more in a couple of >> and this just into the kron 4 morning news a stabbing death in san jose this morning. police called here to the 1600 block of oakland road in north san jose. on reports of a man with stab wounds brown three this morning. the man died at the hospital last an hour later. this is san jose's 45th homicide of the year. >> let us put our eyes on the weather. we're giving
for the fiscal cliff. the opening bell at 630. >> that sparked outcries from users concerted meant there photos appear in advertisements. >> the popular mobile shares service said it has reverted to language in the advertising section of its terms of service that appeared when was lost in october 2010. >> instagfram is now owned by facebook and maintains that it would like to experiment with different forms of advertising to make money. >> it's a block post says that it...
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Dec 28, 2012
12/12
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economy will go over the so- called fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming against a hard deadline here. i said this is a conversation we should have had months ago. >> former president george h. w. bush is still in intensive care at a hospital in houston with a stubborn fever. the family is, that he will be out of the i see you sound. the chief of staff said supporters a note yesterday including " he would ask me to tell you please put the sharks back in the closet " the 88 year- old has been in a hospital for more than a month after first coming down with bronchitis. >> a live look
economy will go over the so- called fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at...
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Dec 3, 2012
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keeping an eye and washington politicians are getting nowhere as they try to deal with the fiscal cliff that is just 28 days away. will be back in two minutes after this quick break. 0ñ@Ñ
keeping an eye and washington politicians are getting nowhere as they try to deal with the fiscal cliff that is just 28 days away. will be back in two minutes after this quick break. 0ñ@Ñ
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Dec 27, 2012
12/12
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on the fiscal cliff the flat this morning. in the opening bell. a letter from the treasury secretary air to congress sent after the bill yesterday may also weigh on the market. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina eunice is accused of hit and run, trucking driving and vehicular manslaughter. >> the accident occurred three people and killed 56 year-old yuee yao who was here visiting her new grandchild for china. >> the judge said eunices bail at $2 million. if she goes bill she was wearing scram device that check to make sure she does not drink alcohol does not allow to dry. >> surely that in court for rain in the december 31st. >> let us take a live look at the approach to the bay bridge. no one is very had very quiet. vacations continue for a lot of people in the
on the fiscal cliff the flat this morning. in the opening bell. a letter from the treasury secretary air to congress sent after the bill yesterday may also weigh on the market. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina...
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Dec 28, 2012
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economy will grow over the so-called " fiscal cliff. " that's when automatic tax increases and spending cuts could take effect. retain a deal before then will not be easy. because right now, both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of a house representatives are watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. i told the president that i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline here and as i said this is a conversation we should have made months ago. democrats want to extend the bush era tax cuts to everyone except those americans making too much and $50,000 or more a year. many republicans remain against any tax increases. >> former president george h. w. bush is still in intensive care at a hospital in houston. the former president's family is confident that he will be out of i see you soon. if the former president's chief of staff since supporters a note yesterday including this
economy will grow over the so-called " fiscal cliff. " that's when automatic tax increases and spending cuts could take effect. retain a deal before then will not be easy. because right now, both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of a house representatives are watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. i told the president that...
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Dec 12, 2012
12/12
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a caught us a summit is that anxiety about the fiscal cliff may be misplaced and that a brief fall probably wouldn't be too damaging. even if they years passes with no deal there be no need to panic as long as an agreement seemed likely soon. the tax increases and spending cuts could be retroactively repealed. a new report is encouraging small news for small business especially in light of super storm sandy. mastercard advisers and wells fargo reported spending by holiday shoppers trump sandy's impact on small businesses in november. the report says shoppers spent 5.2% more in small retailers in november than they did last year. the total u.s. retail sales increased 4 1/2% for the same period. >> apple has begun the early stages of a television set testing. that's the word from wall street journal this morning. kaukauna's collaborating with giant tax to test designs for a large screen high-resolution tv. apple has been testing television several times for a number of years. the testing comes after apple ceo them put hinted in an interview last month of the new tv product offering may be on
a caught us a summit is that anxiety about the fiscal cliff may be misplaced and that a brief fall probably wouldn't be too damaging. even if they years passes with no deal there be no need to panic as long as an agreement seemed likely soon. the tax increases and spending cuts could be retroactively repealed. a new report is encouraging small news for small business especially in light of super storm sandy. mastercard advisers and wells fargo reported spending by holiday shoppers trump sandy's...
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Dec 19, 2012
12/12
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political leaders appear to be closing in on a budget deal to avert the fiscal cliff by the year-end deadline. >> figures are due this morning from the commerce department on november housing starts. >> a gauge of builders sentiment, released yesterday, was at the eyes as ever about six. >> and in a turn for the strange on social media irans supreme leader ayatollah ali khamendi . >> has set up his new facebook profile and has already garnered nearly 6000 light even though the social network is technically blocked by the irianian government internet filters. >> facebook see all of our zuckerber i is and how they move giving. he donated 18 of his shares worth nearly 5 t in million to the nonprofit silicone valley community foundation which works in education and health initiatives. >> it is suckerbergs in big donations is to join the giving pledge, the bill gates-warren buffett organization that he ask the wealthiest people are u.s. to give to worthwhile causes. >> in is a look outside of our mount tam cam weekend see cold temperatures will be right >> we're back 514 in the time. >> a
political leaders appear to be closing in on a budget deal to avert the fiscal cliff by the year-end deadline. >> figures are due this morning from the commerce department on november housing starts. >> a gauge of builders sentiment, released yesterday, was at the eyes as ever about six. >> and in a turn for the strange on social media irans supreme leader ayatollah ali khamendi . >> has set up his new facebook profile and has already garnered nearly 6000 light even...
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Nov 29, 2012
11/12
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that would avoid a fiscal crisis at the end of the year. that fiscal cliff we talk about. the nasdaq just 24. the s&p 500 rose roughly 11 for it. the future of the dollar bill will be the topic of discussion on capitol hill today. the government accountability office will again try to convince the u.s. by switching from bills to more durable corns makes more sense. this would be the first time the g l made the change--would not be the first time. dollar bills are considered to be easier and led to carry. >> 507 $9 million power of jackpot winning tickets were sold in missouri and arizona. they matched all six numbers. they have no information on the winter. the will of elsewhere in when it was sold at a news conference today. someone is now million dollars richer during an interview with fortune mayor explain " we literally are moving the company from blackberries to smart phones. one of the really important for ya hoo as strategy is mobile. that is why they are moving forward. >> we will take a quick break we will be back with more headlin
that would avoid a fiscal crisis at the end of the year. that fiscal cliff we talk about. the nasdaq just 24. the s&p 500 rose roughly 11 for it. the future of the dollar bill will be the topic of discussion on capitol hill today. the government accountability office will again try to convince the u.s. by switching from bills to more durable corns makes more sense. this would be the first time the g l made the change--would not be the first time. dollar bills are considered to be easier and...
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Nov 28, 2012
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. >> in the fiscal cliff is inching closer and closer by the day tax increases and deep spending cuts take effect in five weeks. if lawmakers cannot reach a deal. with little progress being made in washington president obama is hitting the road. at paine has the story. >> the mood was optimistic earlier this month when president obama met with congressional leaders to work out an agreement to avoid this cliff. now the president is taking his case mr. obama met with small-business owners tuesday. today he hosted an event with middle-class americans and sits down with some of the nation's top ceos. friday he travels to a manufacturing plant in pennsylvania senate minority leader mitch mcconnell question the president. >> president saddam the law makers and working out with the agreement is back on the cam best-president obama >> the president got input outside the beltway. he wants to continue the conversation when business leaders, small business leaders, civic leaders, and labor leaders because everyone has a stake in this. >> lawmakers have just over a month to reach an agreement to
. >> in the fiscal cliff is inching closer and closer by the day tax increases and deep spending cuts take effect in five weeks. if lawmakers cannot reach a deal. with little progress being made in washington president obama is hitting the road. at paine has the story. >> the mood was optimistic earlier this month when president obama met with congressional leaders to work out an agreement to avoid this cliff. now the president is taking his case mr. obama met with small-business...